GAPFF - Mittleman Brothers Q4'18 Commentary: Gains From Revlon Clear Media Village Roadshow
Mittleman Investment Management commentary for the fourth quarter ended December 31, 2018.
Mittleman Investment Management, LLC's composite dropped 15.6% net of fees in the fourth quarter of 2018 versus losses of 13.5% in the S&P 500 Total Return Index and 20.2% in the Russell 2000 Total Return Index. Longer-term results for our composite through 12/31/18 are presented below:
"You make most of your money in a bear market. You just don't know it at the time." - Shelby C. Davis
If the quote above holds true, given the decline that we've just endured,